SMC Global Power Holdings Corp. has retained its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation for its outstanding bond issuances amounting to P73.85 billion. Obligations rated PRS Aaa are of the highest quality with minimal credit risk....
Thousands of Filipinos welcomed the year 2022 in the dark as a total of 78 cities and municipalities still have no electricity nearly three weeks since typhoon “Odette” damaged electric posts and transmission lines in Visayas and Mindanao, the National Disaster Risk Reduction and Management...
Parts of Manila and Quezon City will experience power interruptions from Tuesday, Dec. 28 to Wednesday, Dec. 29, according to the Manila Electric Company (Meralco). On Saturday, Dec. 25, Meralco announced that facilities in the area will be relocated due to the construction of the NLEX-SLEX...
An advocacy group has urged power and telecommunications sectors to work together seamlessly following the widespread service disruptions in the aftermath of Typhoon "Odette," particularly in the Visayas and Mindanao regions. Surigao City after typhoon "Odette" (Photo courtesy of Jilson...
Editorial A few days after the onslaught of Typhoon Odette, as communication lines were slowly restored, photos and video clips during the storm emerged for all to see. Literally “wiping off the planet” is what this terrifying typhoon did to places such as Surigao City and Kabankalan in Negros,...
The National Irrigation Administration (NIA) has transferred 60 percent of its 100 percent ownership over the massive P33.75 billion Casecnan Multipurpose Irrigation and Power Project (CMIPP) to the Power Sector Assets and Liabilities Management Corporation (PSALM). NIA Administrator Ricardo R....
There will be power interruptions on Dec. 23 - 24 in parts of Binondo, Intramuros, and Ermita in Manila City, according to the Manila Electric Company (Meralco). Meralco said facilities will be relocated due to the construction of the Binondo-Intramuros Bridge along Muelle Del Banco Nacional St. in...
As she continues to visit typhoon-stricken areas in Visayas and Mindanao, one of the realizations presidential aspirant Vice President Leni Robredo had was the need for the country to place electric and communication lines underground to prevent disruption in services during natural calamities and...
Aboitiz Equity Ventures Inc. (AEV) and JERA Co. Inc. have finalized the Japanese firm’s acquisition of a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower), following the turnover of the $1.46 billion payment. This also comes after the fulfillment of several conditions, including a...
Maria Ressa's in-person acceptance of her Nobel Peace Prize has reminded Department of Foreign Affairs (DFA) Secretary Teddy Boy Locsin of one of his great frustrations in life. DFA Secretary Teddy Boy Locsin (Photo from Teddy Boy Locsin's Facebook) No, it's not to win the coveted award himself;...
The country’s power situation may be a pressing topic for the upcoming May 2022 polls, a top official of the Philippine Nuclear Research Institute of the Department of Science and Technology (DOST-PNRI) said. (MANILA BULLETIN FILE) DOST-PNRI Director Dr. Carlo Arcilla said necessary measures...
The offer of South Korea to rehabilitate the mothballed Bataan Nuclear Power Plant (BNPP) still stands, the Philippine Nuclear Research Institute of the Department of Science and Technology (DOST-PNRI) said Monday, Dec. 6. The Bataan Nuclear Power Plant (BNPP) is seen during a tour around the BNPP...
